Protect Your Debit Card!

Do you want to allow thieves to drain the money from your checking account? Silly question, we know. However, you may unwillingly give criminals access to your money. It happens every day, simply by using your debit card. Debit cards are a more attractive target to thieves than credit cards because they take funds directly from your account. Credit card charges, on the other hand, run through a third party, so consumers dispute questionable...

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Make the Best of a Furlough

The federal government furlough had consumers on edge about the nation's -- and their own -- finances. Fact is, over the past few years furloughs have become a common method used by employers in the private and public sectors to cut expenses without having to resort to layoffs. Furloughs also enable employers to avoid the hassle and expense associated with recruiting and training new employees after the business recovers. No employee looks...

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Yes, You Can Pay Off Your Debt and Save Money!

Consumers and AltaOne members struggling with their finances may feel as if a dark cloud hovers over their heads, casting a gloomy shadow over their life. Is it tough to see the proverbial light at the end of the tunnel? Does it seem as if you will never be able to rebuild your savings account? There is hope. It is possible to pay down your debt, while you begin to rebuild your nest egg at the same time. The first step is the most...

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The Credit Union Tax Exemption Battle

The 1934 Federal Credit Union Act (FCUA) stated credit unions receive a tax exemption because "credit unions are mutual or cooperative organizations operated entirely by and for their members." Credit unions are eligible for tax-exempt status if they meet the following criteria: Operate on a not for profit basis Organized without capital stock Operate for mutual purposes    So, why do banks have credit unions and their member-owners...

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